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Transportation Glossary
Term Description

Interest Expenses

Charges for the use of borrowed capital incurred by the transit agency including interest on long-term and short-term debt obligations. (Interest charges pertaining to construction debt which is capitalized will not be reflected as interest expenses.)

NDSU Dept 2880P.O. Box 6050Fargo, ND 58108-6050
(701)231-7767ndsu.ugpti@ndsu.edu